Raymond James Maintains Outperform on Martin Marietta Materials, Raises Price Target to $555
Portfolio Pulse from Benzinga Newsdesk
Raymond James analyst Patrick Tyler Brown has reaffirmed an Outperform rating on Martin Marietta Materials (NYSE:MLM) and increased the price target from $505 to $555.
January 25, 2024 | 12:54 pm
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Raymond James analyst Patrick Tyler Brown maintains an Outperform rating on Martin Marietta Materials and raises the price target to $555.
The increase in price target by Raymond James is a positive signal to investors, suggesting the analyst's belief in the company's future performance. This typically leads to increased investor confidence and can result in a short-term uptick in the stock's price.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100